YEARLY HIGH
0.7246 MAD
YEARLY LOW
0.4074 MAD
YEARLY AVERAGE
0.5767 MAD

2021 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.7246. Conversely, the yearly low was recorded on January 10, dropping to 0.4074.

This high-to-low spread represents a total annual volatility of 0.3173 MAD. From a start-to-finish perspective, comparing the January average rate of 0.4195 to the December average rate of 0.6882, the exchange rate registered a net change of 64.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7246 was down 4.56% compared to the 2020 peak of 0.7593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 3,623 MAD
2020 Average 2,833 MAD
Yearly Trough Low 2,037 MAD
Transaction Impact: A difference of 1,586.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7151
0.3926
JanuMarcMayJulySeptNove

SCR to MAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 0.4922, compared to 0.6613 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1692 points.

H1 Avg (JanтАУJun) 0.4922
H2 Avg (JulтАУDec) 0.6613

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2052 MAD (High: 0.6408 / Low: 0.4356). On the other end, February was the most stable month, with a tight range of 0.0134 MAD (High: 0.4280 / Low: 0.4147).

April Spread (Volatile) ┬▒0.2052
February Spread (Stable) ┬▒0.0134

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0270 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6882) against the same month in 2020 (average: 0.4238), the exchange rate shifted by +0.2644 (+62.39%).

2021 Avg (December) 0.6882
2020 Avg (December) 0.4238

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Month High Low Average
January 0.4230 0.4074 0.4195
February 0.4280 0.4147 0.4225
March 0.4442 0.4203 0.4255
April 0.6408 0.4356 0.5527
May 0.6055 0.5338 0.5627
June 0.6049 0.5342 0.5700
July 0.6614 0.5455 0.6058
August 0.7014 0.5847 0.6547
September 0.7023 0.6392 0.6835
October 0.7088 0.6070 0.6565
November 0.7223 0.6169 0.6793
December 0.7246 0.6147 0.6882